Converting MKV to MP4 trades Matroska's flexibility for a file that iPhones, televisions, consoles and browsers will play. The main video and audio normally come across. What may not are the extras: MP4 holds fewer subtitle formats and players handle fewer tracks, so additional languages, styled subtitles and chapters can be dropped.
Transfers use HTTPS, and files converted on the free tier are deleted within 24 hours, so the result is not a long-term archive. Quality depends on the source file, so open the MP4 file once before you share it.
FromMKVLossy
MKV (Matroska Video)
An open, royalty-free container from the Matroska project, first released in 2002. One file can hold almost any codec plus many audio tracks, subtitle tracks, chapters and attachments such as fonts, which makes it popular for film rips and recordings.
ToMP4Lossy
MP4 (MPEG-4 Part 14)
A stricter container defined by the MPEG standards group. It expects a narrow set of codecs and offers only limited text subtitle support, and in exchange it gets hardware playback on iPhones, consoles, televisions and browsers that often reject Matroska.